Summary
Comfort Systems USA, Inc. (FIX) filed an 8-K on May 6, 2010, to disclose the posting of an investor presentation on its website on May 5, 2010. This presentation is intended for use with analysts, potential investors, and other interested parties. The presentation contains financial information prepared using non-GAAP measures. The company utilizes these non-GAAP metrics internally for performance analysis and believes they offer valuable supplemental insights into the company's core business operations. Investors should note that these non-GAAP figures are not a substitute for GAAP-based reporting and may not be directly comparable to similar measures used by other companies.
Key Highlights
- 1Company posted an investor presentation on its website on May 5, 2010.
- 2The presentation is intended for use in meetings with analysts and investors.
- 3Financial information within the presentation includes non-GAAP measures.
- 4Management uses non-GAAP measures for performance analysis.
- 5The company believes non-GAAP measures provide useful supplemental information.
- 6Non-GAAP measures should not replace GAAP financial reporting.
- 7The presentation is furnished as Exhibit 99.1 to the 8-K filing.
Frequently Asked Questions
The main purpose of this 8-K filing is to publicly disclose that Comfort Systems USA, Inc. has posted an investor presentation on its website, which it intends to use when communicating with analysts and potential investors.
The investor presentation includes financial information that is determined using methods other than Generally Accepted Accounting Principles (GAAP). These are referred to as non-GAAP measures.
Comfort Systems USA, Inc. uses non-GAAP measures because its management finds them essential for analyzing the company's performance and believes they provide useful supplemental information for a proper understanding of the company's core businesses.
No, investors should not view the non-GAAP disclosures as a substitute for operating results determined in accordance with GAAP. They are intended as supplemental information and may not be comparable to non-GAAP measures presented by other companies.